China’s Push to Expand BRICS Membership Falters
India and Brazil are pushing back against a Chinese bid to rapidly expand the BRICS group of emerging
2023-07-28 10:27
Evergrande EV Unit Slumps 68% as Trading Resumes After Long Halt
China Evergrande New Energy Vehicle Group Ltd. tumbled 68% early Friday as trading resumed in the troubled company’s
2023-07-28 09:50
South Korea June factory output falls more than expected
SEOUL South Korea's factory production fell more than expected in June, official data showed on Friday, as automobile
2023-07-28 07:49
Ford's EV losses climb but overall profits rise
Losses are going up on Ford's electric vehicle business, but profit from its traditional internal combustion engine vehicles allowed it to beat Wall Street expectations.
2023-07-28 07:27
Oreo maker increases growth forecast thanks to demand for cookies, sweets
The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez International said in its second quarter earnings call Thursday.
2023-07-28 06:16
East Palestine train derailment has now cost Norfolk Southern $1 billion
The costs to Norfolk Southern from the February derailment in East Palestine, Ohio, are now approaching $1 billion, the company reported Thursday.
2023-07-28 02:23
L'Oreal boosts sales despite Asia disappointment
French beauty products giant L'Oreal said Thursday it managed double-digit revenue growth in the first half of the year although...
2023-07-28 01:47
Kering takes 30% stake in Italian luxury brand Valentino
PARIS French luxury group Kering, which is struggling to revive sales at its star brand Gucci, said on
2023-07-28 00:27
L'Oreal upbeat on China despite market's softer rebound
By Mimosa Spencer PARIS Second-quarter sales at French cosmetics giant L'Oreal slightly beat expectations, as a rebound in
2023-07-28 00:23
Grimace shakes help send McDonald's sales surging
When McDonald's introduced a limited-edition purple shake in honor of Grimace's birthday, it probably didn't expect the item to go viral on TikTok quite like it did: With TikTokers showing themselves sipping the dessert drink and then, soon after, writhing in mock pain or playing dead.
2023-07-27 20:28
European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
2023-07-27 20:28
Treasury Yield May Fall 150 Basis Points Next Year, Jupiter Says
Yields on 10-year Treasuries may fall as much as 150 basis points before the end of next year
2023-07-27 18:28